Enforcement of UK & EU Sanctions - The Current Approach

Introduction

Given the fast-paced developments in both EU and UK sanctions over the past few years, this new virtual classroom seminar is vital to those seeking to understand how regulators and sanctions agencies are approaching the enforcement of sanctions.

This is a constantly changing situation, highlighted by a significant increase in the number of sanctions related investigations and enforcement.

The recent first ever prosecution for breaching UK financial sanctions R v Dmitrii Ovsyannikov and others illustrates the direction of travel, and the risks associated with getting sanctions compliance wrong.

The session will analyse how, or whether, to engage with regulators and sanctions agencies if an issue is identified and discuss how initial steps can define what happens next.

It is suitable for financial crime and sanctions compliance teams, along with anyone who is directly involved in activities potentially subject to sanctions and export control activities.

What You Will Learn

This live and interactive course will cover the following:

• An understanding of how different regulators and sanctions agencies are approaching the enforcement of UK and EU sanctions regimes
• Guidance on how to interact with regulators and sanctions agencies if an issue arises
• Examples of recent enforcement action and lessons which can be learned
• The potential penalties which can be imposed in the event of a breach of sanctions

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.